【国金电子】博通FY26Q1业绩会纪要

国金电子研究
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在我们2026财年第一季度,总营收达到了创纪录的 193亿美元,同比增长29%,并得益于 AI半导体业务好于预期的增长,这一成绩超出了我们的业绩指引。这一营收端的强劲表现转化为卓越的盈利能力,第一季度综合调整后 EBITDA 达到创纪录的 131亿美元,占营收的 68%。这些数据表明,我们的规模效应继续推动显著的经营杠杆。目前,随着我们的定制 AI XPU 在五大客户中进入下一阶段的部署,我们预计...

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